Dash Capital Corp. and Simply Solventless Concentrates Ltd. Announce Conditional Acceptance of Qualifying Transaction and Filing of Filing Statement
Dash Capital Corp. and Simply Solventless Concentrates Ltd. Announce Conditional Acceptance of Qualifying Transaction and Filing of Filing Statement
Calgary, Alberta--(Newsfile Corp. - November 3, 2023) - Dash Capital Corp. (TSXV: DCX.P) ("Dash") and Simply Solventless Concentrates Ltd. ("SSC") are pleased to announce that Dash has received conditional approval from the TSX Venture Exchange (the "TSXV") in respect of its qualifying transaction (the "Transaction") with SSC pursuant to Policy 2.4 - Capital Pool Companies of the TSXV. In connection with the Transaction and pursuant to TSXV requirements, Dash has filed a filing statement dated October 31, 2023 (the "Filing Statement") on SEDAR+ (), which provides further information concerning Dash, SSC and the Transaction.
艾伯塔省卡爾加里--(Newsfile Corp.,2023 年 11 月 3 日)-達世資本公司(TSXV:DCX.P)(”破折號“) 和 Simply 無溶劑濃縮液有限公司 (”SSC“) 很高興地宣佈,達世幣已獲得多倫多證券交易所風險交易所(即”TSXV“) 就其合格交易而言(該”交易“) 根據政策 2.4 與 SSC 合作- 資本池公司 多倫多證券交易所的。就本次交易而言,根據多倫多證券交易所的要求,達世幣已提交了日期爲2023年10月31日的備案聲明(”申報聲明“) 在SEDAR+ () 上,它提供了有關達世幣、SSC和交易的更多信息。
The Transaction consists of a reverse take-over of Dash by SSC by way of three-cornered amalgamation that will result in Dash acquiring all of the issued and outstanding securities of SSC in exchange for securities of Dash. The Transaction will be carried out in accordance with the terms of the previously announced amalgamation agreement dated August 6, 2021, as amended effective December 31, 2021, May 31, 2022, November 21, 2022, February 13, 2023, March 31, 2023, June 15, 2023 and August 15, 2023, between Dash, 2366191 Alberta Ltd., a wholly owned subsidiary of Dash ("SubCo"), and SSC.
該交易包括SSC通過三角合併的方式反向收購達世幣,這將導致達世幣收購SSC的所有已發行和流通證券,以換取達世幣的證券。該交易將根據先前宣佈的2021年8月6日合併協議的條款進行,該協議經修訂後於2021年12月31日、2022年5月31日、2022年11月21日、2023年2月13日、2023年3月31日、2023年6月15日和2023年8月15日生效,該協議由達世幣的全資子公司達世幣2366191 Alberta Ltd.(”SubCo“) 和 SSC。
Immediately prior to closing the Transaction on or about December 6, 2023, Dash intends to consolidate the common shares of Dash on a 2 to 1 basis (the "Consolidation") and change its name to "Simply Solventless Concentrates Ltd." (the "Name Change"). Upon completion of the Transaction, the new wholly owned subsidiary of Dash (which, upon completion of the Transaction, shall be referred to as the "Resulting Issuer") formed by the amalgamation of SSC and SubCo is expected to carry on the current business of SSC and the Resulting Issuer is expected to qualify as a Tier 2 issuer pursuant to the policies of the TSXV.
在2023年12月6日左右完成交易之前,達世幣打算以2比1的方式整合達世幣的普通股(”合併“) 並將其名稱改爲 “Simply 無溶劑濃縮物有限公司”(那個”姓名變更“)。交易完成後,達世幣新的全資子公司(交易完成後,該子公司應被稱爲”最終發行人“)由SSC和SubCo合併而成,預計將延續SSC的當前業務,而根據TSXV的政策,預計由此產生的發行人將有資格成爲二級發行人。
Final approval of the listing is subject to the Resulting Issuer meeting certain conditions required by the TSXV, which conditions include the completion of the Transaction and other standard listing conditions. Upon receipt of the TSXV's final approval, the common shares of the Resulting Issuer will resume trading on the TSXV under the symbol "HASH".
上市的最終批准取決於所產生的發行人滿足多倫多證券交易所要求的某些條件,其中包括交易的完成和其他標準上市條件。獲得多倫多證券交易所的最終批准後,由此產生的發行人的普通股將在多倫多證券交易所恢復交易,代碼爲 “HASH”。
About Dash Capital Corp.
關於達世資本公司
Dash is a public company incorporated under the Business Corporations Act (Alberta). Dash's principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction (as defined in the policies of the TSXV). Investors are cautioned that trading in the securities of a capital pool company should be considered highly speculative.
Dash 是一家上市公司,根據 《商業公司法》 (艾伯塔省)。達世幣的主要業務是識別和評估資產或業務,以期完成合格交易(定義見TSXV的政策)。提醒投資者,資本池公司的證券交易應被視爲高度投機性。
About Simply Solventless Concentrates Ltd.
關於 Simply 無溶劑濃縮物有限公司
SSC is a private company incorporated under the Business Corporations Act (Alberta). SSC's mission is to provide pure, potent, terpene-rich solventless concentrates to discerning cannabis consumers. For more information regarding SSC, please see .
SSC 是一家根據該法註冊成立的私人公司 《商業公司法》 (艾伯塔省)。SSC的使命是向挑剔的大麻消費者提供純淨、強效、富含萜烯的無溶劑濃縮物。有關 SSC 的更多信息,請參閱。
Further Information
更多信息
All information contained in this press release with respect to Dash and SSC was supplied by the respective party for inclusion herein, without independent review by the other party, and each party and its directors and officers have relied on the other party for any information concerning the other party.
本新聞稿中包含的有關達世幣和SSC的所有信息均由相關方提供,並未經過另一方的獨立審查,並且雙方及其董事和高級管理人員都依賴另一方提供有關另一方的任何信息。
For further information:
欲了解更多信息:
Dash Capital Corp.
Darrell Denney, Chief Executive Officer
Phone: 403-651-9009
Email: darrellgdenney@gmail.com
達世資本公司
首席執行官達雷爾·丹尼
電話:403-651-9009
電子郵件:darrellgdenney@gmail.com
Simply Solventless Concentrates Ltd.
Jeff Swainson, President and Chief Executive Officer
Phone: 403-796-3640
Email: jeff@simplysolventless.ca
Simply無溶劑濃縮液有限公司
傑夫·斯溫森,總裁兼首席執行官
電話:403-796-3640
電子郵件:jeff@simplysolventless.ca
Reader Advisory & Notice on Forward-Looking Information
讀者諮詢和前瞻性信息通知
Completion of the Transaction is subject to a number of conditions including, but not limited to, TSXV approval. There can be no assurance that the Transaction will be completed as proposed or at all.
交易的完成取決於許多條件,包括但不限於TSXV的批准。無法保證交易會按提議完成,也無法保證根本無法保證。
Investors are cautioned that, except as disclosed in the Filing Statement, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.
提醒投資者,除非在備案聲明中披露,否則發佈或收到的與交易有關的任何信息都可能不準確或不完整,不應作爲依據。資本池公司的證券交易應被視爲高度投機性。
The TSXV has in no way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this press release.
多倫多證券交易所沒有透露交易的是非曲直,也沒有批准也沒有拒絕本新聞稿的內容。
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends" "expects" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward looking statements concerning the terms and conditions of the Transaction, including receipt of final TSXV approval; completion of the Consolidation and the Name Change; the closing of the Transaction; and the resumption of trading of the common shares of the Resulting Issuer. Dash and SSC caution that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of Dash and SSC, including expectations and assumptions concerning Dash, SSC, the Resulting Issuer, the Transaction, the timely receipt of any required shareholder, court and regulatory approvals (as applicable), including the acceptance of the TSXV, the satisfaction of other closing conditions of the Transaction in accordance with the terms of the amalgamation agreement dated August 6, 2021, as amended effective December 31, 2021, May 31, 2022, November 21, 2022, February 13, 2023, March 31, 2023, June 15, 2023 and August 15, 2023, between Dash, SubCo and SSC, as well as other risks and uncertainties, including those described in the Filing Statement and Dash's final prospectus dated April 26, 2021 filed with the British Columbia Securities Commission, the Alberta Securities Commission, the Financial and Consumer Affairs Authority of Saskatchewan, and the Ontario Securities Commission and available on SEDAR+ at . The reader is cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Dash and SSC. The reader is cautioned not to place undue reliance on any forward-looking statements. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
本新聞稿包含前瞻性陳述和前瞻性信息(統稱爲”前瞻性陳述“) 在適用的證券法的含義範圍內。本新聞稿中包含的任何非歷史事實陳述的陳述均可被視爲前瞻性陳述。前瞻性陳述通常用 “可能”、“應該”、“預期”、“將”、“估計”、“相信”、“打算” “期望” 等術語以及旨在識別前瞻性陳述的類似表述來識別。更具體地說,本新聞稿包含有關交易條款和條件的前瞻性聲明,包括獲得多倫多證券交易所的最終批准;完成合並和更名;交易完成;以及由此產生的發行人普通股的恢復交易。達世幣和SSC警告說,所有前瞻性陳述本質上都是不確定的,實際表現可能會受到許多重大因素、假設和預期的影響,其中許多因素是達世幣和SSC無法控制的,包括與達世幣、SSC、最終發行人、交易、及時獲得任何必要的股東、法院和監管機構的批准(如適用),包括接受多倫多證券交易所、其他收盤條件的滿足等方面的預期和假設按照條款進行交易達世幣、SubCo和SSC之間日期爲2021年8月6日、經修訂並於2021年12月31日、2022年11月21日、2023年2月13日、2023年3月31日、2023年6月15日和2023年8月15日生效的合併協議,以及其他風險和不確定性,包括達世幣於2021年4月26日向不列顛哥倫比亞證券委員會提交的備案聲明和最終招股說明書中描述的風險和不確定性,艾伯塔省證券委員會、薩斯喀徹溫省金融和消費者事務管理局和安大略省證券委員會,可用在 SEDAR+ 上,網址爲。提醒讀者,在準備任何前瞻性陳述時使用的假設都可能被證明是不正確的。由於許多已知和未知的風險、不確定性和其他因素,其中許多是達世幣和SSC無法控制的,事件或情況可能導致實際結果與預測結果存在重大差異。提醒讀者不要過分依賴任何前瞻性陳述。儘管管理層在編制時認爲此類信息是合理的,但可能被證明是不正確的,實際結果可能與預期結果存在重大差異。本警告聲明明確限定了本新聞稿中包含的前瞻性陳述。
The forward-looking statements contained in this press release are made as of the date of this press release, and Dash and SSC do not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.
本新聞稿中包含的前瞻性陳述自本新聞稿發佈之日起作出,除非證券法明確要求,否則達世幣和SSC沒有義務公開更新或修改所包含的任何前瞻性陳述,無論是由於新信息、未來事件還是其他原因。
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.
本新聞稿是加拿大適用的法律所要求的,不用於向美國新聞服務機構發行或在美國傳播,也不構成在美國出售或招攬購買此處所述的任何證券的要約。這些證券過去沒有也不會根據經修訂的1933年《美國證券法》或任何州證券法進行註冊,除非註冊或豁免,否則不得在美國或向美國人發行或出售。
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.
本新聞稿不構成任何司法管轄區任何證券的出售要約或徵求購買任何證券的要約。
Not for distribution to U.S. news wire services or for dissemination in the United States.
不得分發給美國新聞通訊社或在美國傳播。
To view the source version of this press release, please visit
要查看本新聞稿的源版本,請訪問
譯文內容由第三人軟體翻譯。